Capital matters, but what it builds matters more: Infosys co-founder S.D. Shibulal

Capital alone is insufficient to guarantee a company's enduring prosperity, according to Infosys co-founder S.D. Shibulal. On Saturday, speaking at the inaugural Institute of Company Secretaries of India (ICSI) Invest India Summit, Shibulal stressed that the true significance of investment lies in the assets and services that are created.

Addressing the gathering at the Bengaluru Chapter of the ICSI, Shibulal emphasized the critical role of robust corporate governance and the confidence of stakeholders. He stressed that without unwavering commitment to ethical business practices and the highest standards of governance, no firm could maintain its viability. Shibulal called upon professionals to serve as mentors in boardrooms, advocating for the comprehensive growth of all business participants.

The summit, themed "Building a Viksit Bharat Through Strategic Investments," convened investors, startup founders, industry leaders, and other stakeholders to deliberate India's evolving investment environment and the pivotal role of governance in fostering business expansion. C.S. Vishwas Hegde, chairman of the ICSI Bengaluru Chapter, also participated in the event.